You could consider the interstate corridors of 65, 69, and 74. 2) investing with friends or family is like any partnership - lay it ALL OUT.

Personally I consider it to include only areas north of Interstate 90 (Thruway) or Syracuse north.That said property values will vary greatly even throughout my narrower definition of the term. 

A few blocks away, closer to interstate (actually facing the interstate) is a 22 unit complex that has been on the market for a year.

you can have no interst for 6 months then 8 percent, win win!

We wanted to buy a duplex to live in one unit and rent the other (as often recommended for new investors), but we're not sure whether the area we're intersted in has a strong demand for rentals or not.Does anyone have any recommendations on how to analyze whether an area is good for rentals?

I know there is a First Interstate in town here as well as a Stockman.

Scenario:Investor purchases building in North Miami in fairly dilapidated state.3200 sq ft block construction with no doors, windows, electrical, drywall etcAt time of closing investor is informed an additional $5000 is payable to Miami City as a 'bond' and the property must be fixed up within one year.Repair quotes for property vary from $110,000-$180,000.Investor flies in contractor from interstate who rehabs entire property with everything meeting code standards, for total cost of $35,000.

But let's say the state is designating a highway as a new link in the interstate highway system.

The market will tell you what the value is by their interst and contract on the property.

Hi Andre,Welcome I'm new here also...I specialize in creative financing but I also co invest buying inexpensive homes in the Upper Peninsular of Michigan..reselling holding the first mortgages the ROIs are amazing if intersted give a a shoutBill